Investment news

ECB creates 'optionalities' to deal with uncertainty

Christine Lagarde, President of the European Central Bank. Photo: ECB.

The European Central Bank on Thursday opened the doors to a potential eurozone rate hike in the second half of this year as it brought forward the end of its asset purchasing programme to the summer, but at the same time it made clear that it would keep open its option to renew the programme if economic conditions worsen because of the war in Ukraine and sanctions against Russia.

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